Liquiditygrab
BTCUSDT time to retracement?Recently, the market has created equal highs in the 25k area, where there is also a daily supply level. This indicates that there is strong resistance in this area, and that buyers have struggled to push the price higher.
However, there is potential for the market to grab new liquidity from the 22-23k area, where there is a 0.786 Fibonacci level. This level is often seen as a strong level of support, and if buyers are able to push the price higher from this level, it could signal a potential shift in market sentiment from bearish to bullish.
It's important to note that this scenario would only be invalidated if the price were to create a breakout from the 25k area with confirmations. A breakout above this level could indicate that buyers are able to overcome the resistance in this area and push the price higher.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
GBPJPY 4 HR - Using Liquidity to Analyze & Plan for the week.Hey guys,
This is my update for GJ for the next week or so.
There are so many things that can happen from here, because as we know, the market is never straightforward. These are just a few of my projections and i will slowly eliminate options and adjust my analysis as the week goes by and we start to see changes in both market conditions and price action.
I would need to see confirmations at my points of interests (not shown) for me to actually take a trade. But basically, we are still stuck in a consolidation, and we need to wait for price to remove liquidity at either the highs or lows so we can start seeing what price wants to do.
Right now, we are sitting in a bullish Fib to go higher, but I am not sure if it is a reversal fib or a retracement fib to go lower. I will definitely need more confirmation.
Basically - the way I see the market is that Liquidity, runs everything. Thats why there are so many manipulations and patterns etc. Price will remove buyers or sellers THEN continue in its desired direction. It needs to shake off all the people riding it before continuing and this is why I always say, 'If a setup looks too good to be true, it usually is.'
For example - Think of a marathon - If i was a marathon runner why would I run a marathon with a weighted backpack on and ankle weights? I would TRY to run; realize they were weighing me down, then I would throw them off and then continue running.
Thats basically how the market is with all the retail traders trying to ride it in all directions.
If it wants to start trending bullish for example - It may consolidate for a bit, accumulating buyers and sellers, retrace bullish or even just wick to remove liquidity and all sellers to shake them off before continuing bearish, because the buyers will be removed eventually as price starts trending down.
Thats how I see the market anyways and when I learnt to see the market like this and base all my projections/analysis around liquidity, I was able to become more aware of price manipulations and fake outs so i was able to avoid them.
Thinking like the banks and 'market makers' is the best way to become consistently profitable, because you will understand how and why price action moves and behaves in order to make money and you find yourself no longer getting stuck in liquidity traps and raids with the other retail traders.
You need to see where all the liquidity is on the chart and THEN do your analysis and projections.
Ask yourself -
- In order to make as much money as possible, what does the bank need to do?
- Which way is the most cost-effective way for the bank to move price? Because after all - The market is run like a business.
- When you have all of this THEN you can start to do your technical analysis.
- Does this look too good to be true?
- What are other retail traders looking at doing here?
- What does the market WANT them to do ?
When I began to ask myself these questions i really started seeing a huge difference in my trading and my consistency and i wish someone had told me this sooner in my journey!
:)
GBPUSDAs a student of SMC, I've just spotted GBPUSD might be having a reversal of trend on the Daily timeframe as it already formed an inverted H&S on a downtrend.There is liquidity before that, market might have just grab the liquidity and may reverse at anytime. There is also a divergence formed between Market Price and RSI.
Drop down what do you think of this idea of longing GBPUSD.
EURUSD Ultimate Today's Full Guide!Here is "everything" you need to know today of EURUSD pair ready for you!
We have Buyside liquidity at 1.07594 .. wait for this liquidity to be grabbed and anticipate a short move down to the previous [/day's low at 1.07178 .. Confirmation is a must.. that could be a fair value gab ..
Like this guide idea? Give me a LIKE & Let me know what you think!
Best of Luck!
GBPUSD SHORT LIQUIDITYHello and Merry christmas. Lets see this Pair if it works on your guts. Trade on liquidity candle not the support candle. For my new followers thank you .. we keep rocking here!
Trade base on your strategy. just stick to your SL, profit will be calculated once you master risk management. Goodluck traders!
CONSOLIDATION RANGE AND WHAT IT MEANSThere is a trick that market makers use and that is to create consolidations in order to induce retail entries. In text book practice, retail traders will always view a resistance or support level that has been tested more than once as a strong area to do entries because they feel it will hold price. As a result they put stop losses above or below the entry and these stop losses increase as market makers consolidate and incubate more retail traders entries. Remember market makers need these stop loss pools in order for them to open their huge positions so afterwards, they will run these stop losses, enter their orders and inject liquidity to move price very quickly. So beware not to buy at the current NZDUSD equal lows. You'll be trapped!
LIQUIDITY RUNSLiquidity runs occurs when price gives a false break out below a support or above a resistance and the purpose is usually to take out the stops or liquidity lying around those areas. This liquidity is then used by market makers to open their large positions in the opposite directions. When a false break out occurs below a support, stop losses belonging to retail traders are wiped out and retail break out sellers get trapped. The opposite happens at a resistance level. Liquidity run is my favorite strategy when I'm anticipating market reversals or at times retracements like what happened with dollar pairs yesterday (5th Dec 2022).
Interesting points in marketIn my opinion places that i draw on chart can be a nice opportunities for some trade setup on LTF. Hard to say market direction for now because we have a lot of upside movement recently. Supply that we actually approaching can send us at least make pullback, but if market want to go up, values where is resting liquidity, marked xxx on the chart can be nice turning points.
You Should Know Importance of Asian Range! Asian Range is very important when we want to talk about liquidity concepts in general.. Most importantly, Liquidity Grab ..
First have a daily bias .. then use Asian Range's high and low to determine sellside/buyside liquidity.. Wait for London Open Killzone and search for a FVG ..
Let me know your thoughts in comments 🤠
SP500 Sellside Daily Liquidity Taken.. Next Level👀Very importnat to know this: Sp500 on Daily timeframe has taken a Daily swing (sellside liquidity) so we should "anticipate" a short reversal that might prove very beneficial for us, and if used properly as a short-term bias, it could be perfect to enable us to take extra_low risk on *the lower time frames* for very good daily setups..
Confirmation is needed on lower timeframes before entering..
Not a financial advice.. Consider your situation and take risk on your own only..
Tell me what you think I would appreciate it 🙂
Good Trading All;
Asian Range | Liquidity Trap | FVG & London OpenHey folks I hope you're all good and making some good untraditional profits 😉
Here is a model that you will find few days every trading week!
{Terms used in this Idea}
Asian Range:
a time span from 19:00 to 00:00 NY Time that forms every day except for Mondays.. Usually price taking of Asian Range's high or low means liquidity is taken and price "could" reverse short-term if that agrees with our daily bias..
London Open:
Time span from 02:00 to 05:00 NY Time when the market is very acrive. Price usually forms high or low of day during London Open..
FVG:
Fair value gab is a gab that forms between two candles separated by a third candle forming the gab (blue-shaded boxes on chart)
If you found that useful give it a ♥️LIKE♥️
💙Thank You💙
Glad to hear from you in comments✍️
London Open Killzone Liquidity Build and FVG Hello Traders! What I shared with you happens on most days of the week and is a super easy way to get trdaes that are highly probable..
London Open Killzone time is: from 3:00 AM to 5:00 AM New York Time.. (though it could extend a bit further)..
What we should be looking for is this scenario:
We have a clear liquidity area..(single or double lows/relative equal lows) and time is London Open Killzone and we have reached liquidity area.. on this case we expect price to reverse and we look for a confirmation (in this case a "Fair Valie Gab")..
Note that:
I recommend using 15-min chart to spot liquidity area and for looking at how price is performing..
And once we get into a liquid area, we should go lower (5-min_1-min) charts to look for FVG..
Hope you find this helpful 😃
Let me know your thoughts in comments I would be happy..
Be Well All!
US 100 SHORT TRADE HEY Traders
in today session i sell Us100 my target DEMAND zone Stop loss abrove resistance area
NAS Short, potential downside move to rebalance. 14 Oct 2022The only thing I don't like about this setup is the fact we have high impact news at 2.30pm European central time and it doesn't look like price took out the asian high. (It could be a double top?). We have BOS (on H1 too), we are quite on a premium zone, we took out internal liquidity and closed the gap/imbalance precisely. Got my confirmation with PVP volumes shift on m1. Taking out 2/3rd of my position on TP1 for a 1:3, letting the rest run for a 1:11 circa.